marine link image

China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

Legal Action Taken Following Spiridon II Livestock Deaths

Legal Action Taken Following Spiridon II Livestock Deaths

Freeport CEO Says Iran War Could Delay New US LNG Projects

Freeport CEO Says Iran War Could Delay New US LNG Projects

Russian Baltic Ports Pause Crude Loadings after Ukrainian Drone Attack

Russian Baltic Ports Pause Crude Loadings after Ukrainian Drone Attack

Jordan Purchases 50,000 Tons Fed Barley

Jordan Purchases 50,000 Tons Fed Barley

Subscribe for Maritime Logistics Professional E‑News

Trans Mountain begins bidding for capacity expansion
US House committees to examine sweeping aviation safety changes
Tecpetrol estimates that Bolivia will need to import gas in five to six years to meet its local demand.